tomo logo

$850,000

Beds
4
Baths
4.0
sq ft
1,907

74120 Parosella St, Palm Desert, CA 92260

74120 Parosella St

Palm Desert, CA 92260

  • 151 days on market
    • Price drop $49,000↓
Welcome to this stunning 1964 post-and-beam Mid-Century home in the coveted South Palm Desert, just a short distance from El Paseo. Perfect for full-time residents or those seeking rental income, this home features a split floor plan with four bedrooms and four bathrooms. Each side boasts a large ensuite bedroom, guest room, and modern bathroom with colorful vintage fixtures. The large kitchen features a custom hexagon tile backsplash, combining style and functionality. The living room area includes a built-in desk, creating an ideal work-from-home space, while the bedroom suites have built-in desks/vanities for added convenience. Polished concrete floors, fresh paint, and meticulous maintenance showcase true pride of ownership. Enjoy your private saltwater pool with a unique attached kiddie pool, perfect for warm desert days. The spacious outdoor area is an entertainer's dream, ideal for gatherings and enjoying desert sunsets. The porch patio, sheltered by a distinctive porte cochere, provides the perfect setting for alfresco meals and hosting events. Additional features include an indoor laundry room and a large hall storage closet. This home ensures year-round comfort and energy efficiency with upgraded mini split A/C units and solar panels. Located in one of Coachella Valley's most desirable neighborhoods, it offers proximity to world-class golf courses, upscale shopping, and fine dining. No HOA, low taxes, and perfectly move-in ready!

Details

Property type

Single Family Residence

Est. home value

$850,612

Lot size

Unknown

Price per sq ft

$446

Year built

1964

Price History

09/07/2024
DesertArea

DesertArea #219113242

Price change
$850,000
-5.45%
07/11/2024
DesertArea

DesertArea #219113242

Price change
$899,000
-2.81%
06/21/2024
DesertArea

DesertArea #219113242

Listed
$925,000
+11.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$216,049
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$565,951
Cash to seller
$216,049

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2023

Original loan amount

$582,400

Est. remaining balance

$565,951

Interest rate

6.9%

Loan type

New Conventional, 20 year

Seller

Brent E Levine and Ann K Levine

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 4:25 AM

Listing updated: 11/18/2024 at 12:00 AM

Listed by: Serena M Leiterman, Equity Union Phone #: (760) 621-0395

MLS: DesertArea #219113242

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